Overview
What is Cultural Development Corporation Of The District Of Columbia?
The Cultural Development Corporation of the District of Columbia, commonly known as CulturalDC, is a nonprofit organization situated in Washington, D.C. Their primary mission is to foster artistic growth and economic development within the local community. They achieve this by offering opportunities to artists and arts organizations. One of their notable initiatives is the Mobile Arts Program, where they transform a 40ft. shipping container into a temporary art gallery, showcasing various artists and promoting community engagement. Additionally, CulturalDC revitalizes vacant retail spaces across the city. To break down access barriers, they deliver high-quality art directly to people's doorsteps. Their current activities include managing the Source Theater, presenting visual and performing arts programs, and providing design, development, and management support services for art spaces. With a team of 4 employees, CulturalDC is dedicated to enhancing the cultural landscape of Washington, D.C.
Official website here: www.culturaldc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 68%)
The Cultural Development Corporation of the District of Columbia has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. While the organization boasts a fully independent board and maintains a high program expense ratio, it has significant shortcomings in financial transparency, including missing financial statements on its website.
User feedback highlights the organization's strengths, particularly in the arts and culture sector. Reviewers praise CulturalDC for its impactful programs, such as the Flashpoint Gallery and the Mead Theater Lab, which support emerging artists and innovative theater. The Source Theater Festival is also recognized as a vital part of the DC theater scene, showcasing new works and fostering talent.
Despite the positive reviews regarding its programs and leadership, the lack of financial documentation and transparency poses a challenge for potential donors and supporters. This ambivalence in financial reporting diminishes trust and raises concerns about the organization's overall stability and governance practices.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Cultural Development Corporation Of The District Of Columbia legitimate?
Cultural Development Corporation Of The District Of Columbia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cultural Development Corporation Of The District Of Columbia submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $287,021
For more financial information, click here
Official website here: www.culturaldc.org
What is the mission statement of Cultural Development Corporation Of The District Of Columbia?
The Cultural Development Corporation (CulturalDC) in its mission, aims to foster opportunities for artists and arts organizations. This initiative is designed to stimulate economic growth and enhance the overall quality of life within the respective area. The corporation achieves this by operating venues such as the Source Theater, showcasing various visual and performing arts through their Mobile Arts Programming and Mobile Art Gallery. Furthermore, CulturalDC offers support services in artspace design, development, and management to aid in the growth and success of these arts organizations.
Official website here: www.culturaldc.org
Who is the CEO of Cultural Development Corporation Of The District Of Columbia?
Samuel T Lederer is the Treasurer of Cultural Development Corporation Of The District Of Columbia.
Official website here: www.culturaldc.org
What is the revenue of Cultural Development Corporation Of The District Of Columbia?
Cultural Development Corporation Of The District Of Columbia's revenue in 2022 was $1,091,585.
Official website here: www.culturaldc.org
Who are the executives of Cultural Development Corporation Of The District Of Columbia and what are their salaries?
The average compensation at Cultural Development Corporation Of The District Of Columbia during 2022 was $71,755. There are 4 employees at Cultural Development Corporation Of The District Of Columbia.
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Official website here: www.culturaldc.org
Where can I find the form 990 for Cultural Development Corporation Of The District Of Columbia?
Cultural Development Corporation Of The District Of Columbia's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.culturaldc.org
Learn more at the official website: www.culturaldc.org
Mission Statement of Cultural Development Corporation Of The District Of Columbia
The Cultural Development Corporation (CulturalDC) is an organization dedicated to fostering opportunities for artists and arts organizations in the DC area. Its mission is centered around stimulating economic growth and enhancing the quality of life within the community. To achieve this, CulturalDC operates various programs. One of their key initiatives is the Source Theater, a platform that showcases visual and performing arts. Additionally, they engage in mobile arts programming and mobile art gallery exhibitions, bringing art to diverse communities. Furthermore, CulturalDC offers artspace design, development, and management services, supporting local arts organizations in their endeavors. Overall, CulturalDC's mission is to create a vibrant arts scene that contributes to the economic development and cultural enrichment of the DC area.
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Impact
July, 2024
Cultural Development Corporation Of The District Of Columbia, also known as CulturalDC, has made a significant impact on the DC area by creating opportunities for artists and arts organizations. The organization's Mobile Arts Program, which features a Mobile Art Gallery housed in a converted shipping container, brings high-quality art directly to the community, breaking down physical access barriers and engaging with a wide audience.
Through initiatives like activating vacant retail spaces and operating the Source Theater, CulturalDC stimulates economic development and improves the overall quality of the arts scene in Washington, DC. By providing support services for artspace design and management, CulturalDC plays a vital role in fostering a thriving creative community in the city.
Overall, Cultural Development Corporation Of The District Of Columbia's work has a positive and lasting impact on the cultural landscape of DC, enriching the lives of residents and visitors alike.
This information is meant to be a general summary of Cultural Development Corporation Of The District Of Columbia. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $440,186
- Gross Receipts: $1,091,585
Assets and Liabilities:
- Total Assets: $2,144,037
- Total Liabilities: $1,446,415
- Net Assets: $697,622
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Source
Revenue
$218,795
Consulting
Revenue
$79,325
Mobile Arts
Revenue
$142,066
Organization Details
Founding Year
1998
Phone
(202) 315-1305Principal Officer
Samuel T Lederer
Main Address
1835 14th Street NW, Washington, DC, 20009
Website
www.culturaldc.orgNTEE Category
Code: A200 - Arts
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